Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) has been given an average rating of “Moderate Buy” by the five brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several research firms have recently issued reports on FRFHF. Raymond James Financial reiterated an “outperform” rating on shares of Fairfax Financial in a research note on Thursday, October 16th. National Bankshares restated an “outperform” rating on shares of Fairfax Financial in a report on Monday, October 27th. Wall Street Zen upgraded shares of Fairfax Financial from a “hold” rating to a “buy” rating in a research note on Sunday, August 31st. Cormark cut shares of Fairfax Financial from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, August 6th. Finally, Scotiabank restated an “outperform” rating on shares of Fairfax Financial in a research note on Wednesday, October 22nd.

Fairfax Financial Stock Performance

Shares of Fairfax Financial stock opened at $1,634.00 on Friday. Fairfax Financial has a 52 week low of $1,292.53 and a 52 week high of $1,833.48. The company has a quick ratio of 4.20, a current ratio of 4.20 and a debt-to-equity ratio of 0.45. The business has a 50 day moving average price of $1,692.45 and a 200-day moving average price of $1,707.98. The company has a market cap of $36.35 billion, a PE ratio of 8.28 and a beta of 0.76.

Fairfax Financial (OTCMKTS:FRFHF) last announced its quarterly earnings results on Thursday, November 6th. The financial services provider reported $52.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $41.00 by $11.04. The business had revenue of $8.26 billion during the quarter, compared to the consensus estimate of $8.57 billion. Fairfax Financial had a return on equity of 16.39% and a net margin of 14.68%. Equities analysts anticipate that Fairfax Financial will post 166.85 earnings per share for the current fiscal year.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.